Dai (DAI) is currently trading at 1 USD, reflecting a marginal 24-hour change of -0.01013%. The daily trading range has remained tight, oscillating between a low of 0.998699 and a high of 1.002, indicating a stable but slightly bearish sentiment in the short term.

The volume stands at 71,887,022, with a volume-to-market cap ratio of 1.66%, suggesting moderate trading activity relative to its market capitalization. The hourly and daily moving averages are converging around the 1 USD mark, with 8 SMA and 13 SMA both at $0.9999, indicating consistent price stability and a lack of volatility.

In terms of momentum, the 1-hour RSI is at 51, suggesting neutrality in the short term, while the 7-day RSI is at 50, reinforcing the absence of strong directional momentum. The 7-day price change shows a minor uptick of 0.073%, while the 14-day and 30-day changes of 0.0759% and 0.0163%, respectively, indicate a stable price environment over recent weeks.

Dai's all-time high was recorded at 1.22 on March 13, 2020, which highlights that the current price remains significantly below historical peaks. This positioning alongside its stablecoin nature means that Dai is expected to maintain a close peg to the USD.

Given the current price stability, lack of significant momentum, and the close alignment of moving averages, I recommend a Hold rating for Dai. The price is stable and closely pegged to its intended value, with no immediate catalysts for upward or downward movement expected in the near term.